New Defense Bill Mandates U.S.-Made Athletic Shoes For Soldiers
Both New Balance and Wolverine Worldwide, the parent of Saucony, hailed the passage of a defense bill that includes a provision requiring the Department of Defense to provide military recruits with American-made shoes.
Fleet Feet Sports Opens Franchise In South Carolina
Paul and Cathy Rogers will open a new Fleet Feet Sports location in Myrtle Beach, SC on December 8.
Acushnet Skirts Golfsmith Woes
A mid-single-digit decline in Titleist golf ball sales, in part due to the bankruptcy of Golfsmith, was offset by gains at FootJoy and the Titleist golf club business.
Georgetown Students Protesting Nike
Students at Georgetown University demanded that the school’s President John DeGioia cut ties with sportswear company Nike, according to a report from the Guardian on the morning of December 8.
Lululemon Defies Critics With Higher Margins
The yoga brand and retailer is proving it can sustain premium pricing in a crowded athleisure field.
Nike Renews French Football Federation Deal Through 2026
Nike will continue to be the equipment supplier of the French national teams and for the first time, French amateur football will be part of the partnership.
The Running Event 2016 Charts Increased Attendees, Decreased Exhibitors
Total attendance in 2016 was 2,540 industry professionals, versus 2,705 in 2015.
Polartec Teams With Boathouse Sports
The collection, Polartec x Boathouse Sports will combine the Made In America power of Boathouse with the Power Stretch fabric of Polartec.
Reebok Ambassador Gigi Hadid Hosts #PerfectNever Event
The female empowerment event consisted of a series of activities including a workout class, a panel discussion with female trailblazers and an artistic installation.
Acushnet Trims Loss In Q3
The improved bottom-line results came despite a 5.5-percent revenue decrease in Titleist golf balls due to the bankruptcies of Sports Authority and Golfsmith, as well as the timing of product launches.
PGA Merchandise Show To Mark 64th Year
Approximately 1,000 golf companies and brands will exhibit at the the annual show in Orlando on January 24-27.
Iconix Hires Chief Marketing Officer
Jamie Cygielman brings marketing and business development experience from companies including The Jones Group, Madame Alexander Doll Company and Madison Square Garden.
The Weather Network: Seasonal Winter Weather Expected
Though some will experience above-normal temperatures this season, many parts of the country that saw a lack of sustained winter weather last year will endure more frequent storms and bouts of arctic air in 2016/17.
Reebok Picks Seaport For New Boston HQ
Reebok said the location of its new home in the city of Boston will be at 25 Drydock Avenue in Boston’s Seaport District.
Lululemon’s Q3 Exceeds Guidance
Third-quarter earnings rose 28.5 percent with a boost from higher gross margins and a 7 percent comp gain. Sales and earnings both topped guidance.
